For SaleRisky Deal7 days on market
251 Lower Cliff Dr APT 10
251 Lower Cliff Dr APT 10, Laguna Beach, CA 92651, Laguna Beach, CA 92651
$1,199,000
Estimate®:$1,142,700
Listing Price
251 Lower Cliff Dr APT 10, Laguna Beach, CA 92651
Loc: Laguna Beach, CA
Days Listed
7
Tax Assessed
$1049k
Estimate®
$1143k
Market Rate
Lot Size
0.37 acres
Rent Estimate
$4,715/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
El Morro Elementary School
K-5
2.6 mi away
8
Thurston Middle School
6-8
1.2 mi away
10
Laguna Beach High School
9-12
0.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
coastalocean viewtin ceilingopen conceptmodern interiorcontemporarynatural lightluxuryseasidepanoramic windowsspaciousneutral palettecasual elegance
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.38%
Total ROI
10.5%
Cash Flow
$-3,846/mo
DSCR
0.38
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-3,846/mo net cash flow with a 2.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Laguna Beach, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-16 | Listed for sale | $1,199,000 | $1,424 |
| 2021-05-26 | Sold | $950,000 | $1,128 |
| 2020-12-01 | Listing removed | $925,000 | $1,099 |
| 2020-06-12 | Price change | $925,000 | $1,099 |
| 2020-02-23 | Listed for sale | $975,000 | $1,158 |
| 2019-11-10 | Listing removed | $995,000 | $1,182 |
| 2019-08-21 | Price change | $995,000 | $1,182 |
| 2019-06-28 | Price change | $1,024,000 | $1,216 |
| 2018-09-21 | Listed for sale | $1,089,000 | $1,293 |
| 2010-09-21 | Sold | $899,000 | $1,068 |
| 2010-09-17 | Listed for sale | $925,000 | $1,099 |
| 2010-07-16 | Listing removed | $925,000 | $1,099 |
| 2010-06-11 | Listed for sale | $925,000 | $1,099 |
| 2007-03-08 | Sold | $855,000 | $1,015 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,048,875 |
| 2025 | $11,468 | $1,028,309 |
| 2024 | $11,206 | $1,008,147 |
| 2023 | $10,918.46 | $988,380 |
| 2022 | $10,679.96 | $969,000 |
| 2021 | $11,599.98 | $1,064,063 |
| 2020 | $11,443.64 | $1,053,153 |
| 2019 | $11,443.64 | $1,032,503 |
| 2018 | $11,224.76 | $1,012,258 |
| 2017 | $10,759.84 | $992,410 |
| 2016 | $10,759.84 | $972,951 |
| 2015 | $10,540.24 | $958,337 |
| 2014 | $10,153.08 | $939,565 |
| 2013 | $0 | $935,319 |
| 2012 | $0 | $899,000 |
| 2011 | $0 | $899,000 |
| 2010 | $0 | $675,000 |
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